STR: U.S. hotel performance drops in the fourth week of August

U.S. HOTEL PERFORMANCE dropped in the fourth week of August but showed mixed comparisons with 2019, according to STR.

Occupancy was 65 percent for the week ending August 27, down from 67.3 percent the week before and dropped 2.5 percent from 2019. ADR was $147.16 for the week, dropped from $150.96 the week before and increased 15 percent from three years ago. RevPAR reached $95.62 during the week, decreased from $101.59 the week before and increased 12.1 percent from 2019.

Orlando reported the largest occupancy increase among STR’s top 25 markets during this week in August, up 21.1 percent to 63.8 percent, compared to 2019.

Miami posted the largest ADR gain, increased 32.2 percent to $180.17, over 2019.

San Francisco reported steepest RevPAR deficits during the period, down 39.2 percent to $143.37, followed by New Orleans, dipped 23.1 percent $54.57.